Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
Iran’s Islamic Revolutionary Guard Corps ran parallel procurement operations through the United Arab Emirates and Chinese suppliers to covertly acquire advanced military technology used to target American forces and US-allied infrastructure across the Middle East, according to two Financial Tim
The National Water and Sewerage Corporation (NWSC) has announced the successful completion of emergency repair works on a key water transmission pipeline serving Karuma Town and surrounding areas, restoring normal water supply after a temporary disruption.According to a statement shared on
Hon Sanjay Tanna’s name rings across many homesteads, businesses, political groupings and social circles, not because he is a business mogul, but most importantly because of his energy in mobilizing support for NRM Candidates and President Yoweri Kaguta Museveni.From Bukedi in the 2021 g
The Federation of Uganda Traders Associations (FUTA) also called for tougher penalties, asset recovery from implicated officials, and greater inclusion of business-minded leaders in key economic ministries to improve service delivery.Traders in Kampala have welcomed government’s intensif
Former Government Spokesperson and newly elected MP Ofwono Opondo has shared details of a private meeting with former Speaker of Parliament Anita Among, stating that she has withdrawn from the speakership race and is now backing Jacob Oboth-Oboth.Speaking during an interview on Capital FM,
Salaam Musumba says that she is very disappointed that her long ‘term boy friend’ Andrew Mwenda has allowed to cheapen himself to work for Anita Among simply because she has money.Appearing on Kewaza media on veteran journalist Kwezi Robinson’s youtube channel, Salaam Musumba said sh
Former Government spokesperson and newly elected MP for Older Persons Ofwono Opondo has dismissed media reports suggesting that former Speaker Anita Among is under strict house arrest, saying his personal visit painted a very different picture.Speaking during an appearance on Capital Gang,
Journalist Dean Lubowa Sava a close friend of Moses Magogo says that his pal is considering resigning his Budiope MP seat to escape some of the pressure they are under as a family.He says that people at EC are being investigated for helping to mess up polls for Anita Among and Magogo to wi
